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Purmo Group (OHEL:PURMO) Research & Development : €5.2 Mil (TTM As of Mar. 2024)


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What is Purmo Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Purmo Group's Research & Development for the three months ended in Mar. 2024 was €1.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €5.2 Mil.


Purmo Group Research & Development Historical Data

The historical data trend for Purmo Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Purmo Group Research & Development Chart

Purmo Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial - 5.20 5.90 6.20 5.30

Purmo Group Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 1.50 1.10 1.00 1.60

Purmo Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Purmo Group  (OHEL:PURMO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Purmo Group Research & Development Related Terms

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Purmo Group (OHEL:PURMO) Business Description

Traded in Other Exchanges
Address
Bulevardi 46, P.O. Box 115, Helsinki, FIN, 00120
Purmo Group PLC offers sustainable indoor climate comfort solutions in Europe. The company's operating segments include two divisions: Radiators and ICS. It generates the majority of the revenue from the Radiators segment which manufactures two broader product categories: panel radiators comprised of horizontal and decorative panel radiators and vertical decorative radiators, and other radiators comprised of towel warmers, decorative tubular radiators, and electric radiators. Its ICS division provides a comprehensive range of components to wholesalers, specifiers, and installers comprising four product categories; radiant heating and cooling, air heating and cooling, water distribution systems, and system components and controls.

Purmo Group (OHEL:PURMO) Headlines

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